
Description
The Galileo FX Pro EA is a specialized trend-following Expert Advisor designed for the MetaTrader 5 (MT5) platform. Unlike traditional bots that rely on lagging oscillators, this EA utilizes a high-frequency scalping logic based on consecutive price action. It is engineered to capture momentum on highly liquid assets, specifically optimized for XAUUSD (Gold) on the M5 timeframe, offering a quantitative approach to automated trading.
Key Features
- Consecutive Signal Logic: Triggers trades based on a specific number of consecutive bullish or bearish candle closes, ensuring the bot enters during confirmed momentum.
- MT5 Native Optimization: Built to leverage MT5’s multi-threaded backtesting and tick-data accuracy for precise performance modeling.
- Dynamic Risk Management: Features a "Risk in %" setting that automatically calculates lot sizes based on account equity, prioritizing capital preservation.
- High-Frequency Scalping: Designed to execute a high volume of trades with tight targets, making it ideal for capturing small, consistent market movements.
- Multi-Order Management: Capability to manage multiple open positions simultaneously to maximize profit during strong trending phases.
Recommended Settings (XAUUSD / M5)
- Timeframe: M5
- Lots (0=Dynamic): 0 (Recommended for safety)
- Risk in %: 0.5% - 1.0%
- Stop Loss: 400 points
- Take Profit: 200 points
- Consecutive Signals: 2 Bullish / 2 Bearish
- Max Orders: 0 (Unlimited)
Advantages & Disadvantages
Advantages ✅
- 🚀 No Martingale: Uses fixed or risk-based lots without dangerous doubling-down logic.
- 🎯 High Accuracy: Achieves a win rate of over 70% in optimized market conditions.
- 📈 Trend Focused: Efficiently filters market noise by requiring consecutive price movement.
- 🛠️ Fully Customizable: Allows traders to fine-tune entry triggers and exit rules.
Disadvantages ❌
- 📉 Spread Sensitive: High trade frequency requires a broker with ultra-low spreads.
- ⚠️ Aggressive SL/TP: The tight scalping ratio requires a high win rate to remain profitable.
- 💻 VPS Required: Needs a stable, 24/7 connection to execute rapid-fire signals effectively.
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
Telegram Group: Join our community
Disclaimer:
Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.
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